As noted in our recent posting on this subject (The Very Dark Side), the Concurring Opinions Blog addressed a volatile topic: evicting residential tenants after a real property foreclosure of a single-family residence. In this posting, we suggest this topic has more relevance to commercial lenders and servicers than you might initially think; and we… Continue Reading
Tag Archives: Evictions
The Very Dark Side: Evicting tenants from foreclosed apartments
Posted in Tough Times for Lenders, Workout IssuesEvicting "unwanted" residential tenants is a tough, tough subject. This piece by Mark Edwards at Concurring Opinions is worth reading. There is a "human element" in these tough times, which Mark terms as the tension between legality and social responsibility. It is a topic that is much discussed in workouts involving apartments. Indeed, it is the point… Continue Reading